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Macau GDP Continues to Climb With 9.2 Percent Growth in Q1

Macau GDP

The largest gaming market in the world continues to flourish and grow even bigger, showing no signs of slowing down as the future of gaming in Macau looks to even brighter days ahead. The gross domestic product (GDP) of Macau increased by 9.2 percent in the first quarter of 2018 compared to the same time…Read More

Trump Plaza Demolition on Hold Through Summer, Property’s Future Critical to Atlantic City Comeback

Trump Plaza demolition Atlantic City

The shuttered Trump Plaza on Atlantic City’s Boardwalk will remain standing vacant through the summer. Speaking with the Press of Atlantic City, local officials say a demolition permit has not been filed by Trump Entertainment Resorts, the last remaining casino controlled by the company President Donald Trump founded that is now owned by billionaire Carl…Read More

Las Vegas Culinary Union Initiates Plan to Curb Worker Sexual Harassment

Las Vegas union strike sexual harassment

The Las Vegas union that’s threatening a strike says that sexual harassment on the job is all too frequent among its constituents, and many Culinary Union members — mostly female — often feel uncomfortable at work. But the perpetrators of that harassment are most often not co-workers, but customers. The Culinary Union says in a…Read More

Ontario, Canada Gaming Campaign Lures Chinese Gamblers, Despite Indications of High Risks for Addiction

A new advertising campaign, which appears to be aimed at Chinese gamblers in Ottawa, Ontario, is raising the ire of some in that community. The ads were created by the Rideau Carlton Raceway, which is set to undergo a major expansion as it partners with the Hard Rock brand. Part of the expansion is a…Read More

MGM Resorts in New York State of Mind, Acquires Yonkers Empire City Casino

MGM Resorts Jim Murren Empire City Casino

MGM Resorts is adding another state to its domestic portfolio by announcing it has reached a deal to acquire the Empire City Casino in Yonkers, New York, for $850 million. The deal involves the company’s real estate investment trust, MGM Growth Properties (MGP). MGP will pay $625 million and then lease back the property’s operations…Read More

Caesars Windsor Casino Strike Enters 53rd Day With No Resolution in Sight

Caesars Windsor casino strike

On April 6, some 2,300 workers at Caesars Windsor Casino resort — just over the river to the southeast of Detroit on the Canadian side — walked off the job. Nearly two months later (53 days to be exact), there’s still no sign of a deal, and Ontario, Canada’s largest casino remains nonoperational. There was…Read More

Isn’t It Ironic: Steve Wynn Highest-Paid Nevada Casino Exec in 2017, Former CEO Made $34.5M

Steve Wynn casino CEO pay

Steve Wynn had a disastrous end to 2017, but the former casino CEO still managed to collect more than $34.5 million in earnings. According to financial research group Equilar and the Associated Press, Wynn was the highest-paid CEO in Nevada last year with cash and stock totaling $34,522,695. The median employee salary at Wynn Resorts…Read More

Vietnam Casino Resort Reaps Country’s First Casino License in Decade, Hard Rock Rumored as Gaming Op

Laguna Lăng Cô casino resort vietnam

The Vietnam casino landscape is slowly adjusting to the modern gaming industry. The Asian country’s regulatory authorities have granted a gaming license to the Laguna Lăng Cô Resort, marking the first time for such an issuance in 10 years. Chairman Nguyen Van Cao of the Provincial People’s Committee made it official by presenting the gaming license…Read More

Rhode Island Sports Betting Call for Bids Only Gets Love from State’s Electronic Lottery Operator, IGT

IGT sole bidder for Rhode island sports betting

Rhode Island is excited about launching sports betting, but it seems the sports betting industry is not quite as excited about jumping into bed with Rhode Island. Last month, in anticipation of the US Supreme Court jettisoning PASPA, the Rhode Island Lottery (RIL) submitted a request for tender to prospective sports betting operators. The results…Read More

Russian Primorye Gambling Zone Gets NagaCorp Commitment to Build $12 Billion Rail Line

NagaCorp Naga Vladivostok

For Russia’s Primorye gambling zone, easy ways for gamblers to come in and out of area are crucial to the success of the gaming hub, which is located outside of Vladivostok. With Chinese players a key demographic, the announcement this week of Cambodian casino group NagaCorp’s $12 billion, 235-mile high-speed railway linking Primorye to the northeastern Chinese…Read More

New High for Nevada Marijuana Sales as March Sets $7.1M Monthly Record, Gaming Industry Still Primary Tax Producer

Nevada marijuana tax casinos

Nevada marijuana sales for recreational use topped $41 million in March, a new record, and delivered nearly $7.1 million in tax revenues to the Silver Sate. But the gaming industry remains the state’s top tax producer and is in no danger of going up in smoke. Casinos Still King Recreational marijuana officially became legal on…Read More

Ocean Resort Casino Atlantic City Puts Its Money on William Hill for Sports Betting

Ocean Resort Casino Atlantic City

Ocean Resort Casino in Atlantic City — scheduled to open its doors June 28 — is partnering with William Hill for its sports betting operations. As one of the primary established bookmakers already up and running in Nevada, Hill was a natural choice for the newly legal New Jersey market. The Boardwalk property formerly known…Read More

Las Vegas Culinary Union Holds Bargaining Edge as Strike Looms, Stanley Cup and JCK Jewelry Show Could Push Casinos to Settle

Las Vegas union strike casinos

Members of the Las Vegas Culinary union may hold the trump card when it comes to contract negotiations with 34 major Strip and downtown casino and hotel venues now threatened with a possible city-wide strike by its 50,000+ constituency. Local 226 — along with Bartenders Union 165 — voted nearly unanimously on Tuesday to authorize…Read More

Paddy Power Betfair Merger with DFS Giant FanDuel Follows on Heels of PASPA Sports Betting Ban Overturn

Paddy Power Betfair DraftKings

Paddy Power Betfair (PPB) has announced it will acquire the daily fantasy sports operator FanDuel, which it will merge with its existing US assets, a deal which could position the new alliance as one of the biggest players in the developing American online gambling industry. Under the terms of the agreement, Paddy Power is contributing…Read More

‘Last Developable Piece’ of Central Las Vegas Strip for Sale, Sellers Want $800 Million

Las Vegas Strip

Fancy owning a slice of the Las Vegas Strip? Well, now you can, provided you have deep pockets. Very deep. $800 million deep. Investment group Spectrum Group Management is selling that prime piece of real estate that currently houses Walgreens, Fatburger, the Hawaiian Marketplace, a Travelodge, and a bunch of parking lots. It may not…Read More